One highlight I believe overlooked was this tiny snippet of...

One highlight I believe overlooked was this tiny snippet of future progress:

"The objective of drilling currently underway is to understand the
distribution of magnetite and its iron, titanium and vanadium
contents over the larger Canegrass area. A following program
will then be able to focus on resource drilling in the best areas.
Subject to work approvals from the Western Australian Department
of Industry and Resources, Maximus will complete
further diamond and RC drilling at Canegrass over the coming
months. This will enable the estimation of an initial Inferred
Mineral Resource and completion of a first-pass scoping
study into the viability of a mining operation during the third
quarter of 2008."

Looks like a SCOPING STUDY is to be completed within the next 3 months - put the pieces together people - in the next few months there will more detailed results issued for the current drill samples, rapidly followed by a scoping study...

best yet..

ALL financed by the Sellheim operation due to go online within the next quarter.

Oh my - if all these can align themselves correctly we could be in for good times ahead.

Best of luck to all holders.